A law making large companies pay small businesses invoices within 30 days.
Small businesses are held back by waiting 90 days for invoice payments from large corporations. If they receieved the payment quicker, say 30 days, it would help there cash flow and enable them to grow faster and thus improve overall econmic status of the country.
3 comments
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Rob Smeaton
commented
60 or 90 day payments can cripple a small business, especially one whose main overhead is the wage bill. A mandatory 30 day settlement would make a huge difference. This government maintains that they support the entrepreneur, but this issue has not appeared on the agenda so far. A campaign directed at small businesses would DEFINITELY attract huge support.
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Nigel Walford
commented
Support this idea!!
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Anonymous
commented
Its the big man screwing the little man I am trying to alleviate here. Massive companies need to get smaller and small companies need to get bigger. Lets chop a bit off that one and stick it on those ones. Come on folks !